#February CPI Data Release#
Market Update: CPI Lower Than Expected, Markets Show Strength
The latest CPI data came in lower than expected, leading to a positive reaction in the U.S. stock market. The S&P and Nvidia have opened with a strong push, while BTC has also seen an uptick, though not significantly. Looking at the 4-hour heat map, BTC appears to be holding some strength. Market sentiment in risk assets has stabilized, with BTC yet to test the $85,000 level. A rebound tonight would be ideal—let’s hope for no unexpected disruptions.
However, market direction remains uncertain, likely wait
View OriginalMarket Update: CPI Lower Than Expected, Markets Show Strength
The latest CPI data came in lower than expected, leading to a positive reaction in the U.S. stock market. The S&P and Nvidia have opened with a strong push, while BTC has also seen an uptick, though not significantly. Looking at the 4-hour heat map, BTC appears to be holding some strength. Market sentiment in risk assets has stabilized, with BTC yet to test the $85,000 level. A rebound tonight would be ideal—let’s hope for no unexpected disruptions.
However, market direction remains uncertain, likely wait